Crisil, CareEdge assign Indian Bk's proposed INR-50-bln infra bonds AAA rtg
This story was originally published at 21:00 IST on 16 March 2026
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--Indian Bank: CRISIL assigns 'AAA' rtg to proposed INR 50-bln infra bonds
--Indian Bank: CareEdge assigns 'AAA' rtg to proposed INR 50-bln infra bonds
NEW DELHI – Crisil Ratings Ltd. and CareEdge Ratings Ltd. Monday assigned 'AAA' ratings to Indian Bank's proposed infrastructure bonds worth INR 50 billion, the lender said in an exchange filing. Both the rating agencies also assigned a stable outlook on the proposed bonds.
Monday, shares of Indian Bank settled at INR 877.45 on the National Stock Exchange, up nearly 1%. For the December quarter, Indian Bank had reported net profit of INR 30.61 billion on total income of INR 196.63 billion. End
Reported by Shweta
Edited by Akul Nishant Akhoury
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